Technical analysis by FoxesTrader about Symbol XRP: Buy recommendation (4/21/2025)
FoxesTrader

Support around the yellow horizontal line is being tested multiple times, making it critical.If price breaks above the pink descending trendline, especially with volume, it could signal a trend reversal or bullish continuation.A breakout above the pink descending trendline with solid volume (look for a strong green candle closing above the trendline).Confirm with:Volume spike9 EMA (yellow) crossing above 21 EMA (red)Price holding above horizontal resistance (~same yellow line as current upper range)📍 Entry Zone:Approx. just above the recent lower highs (watch that pink trendline area)🎯 Target Zones:First target: The recent high range (top of the sideways range)Second target: The peak of the prior rally (around the December highs)Third target (stretch): Measure the previous move (flagpole) and apply it from the breakout point🛑 Stop Loss:Just below the most recent swing low (under horizontal support)